Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Market I worked fir 20 years as an aero engineer and as already stated the last 2 CEOs were not good ,My wife is still there after 30+ years and she is company senior staff with decades of experience as an Engineer ,she has had dealings with Tufans. No 1 lady and I can tell you that she and Tufan are very much hands on and taking the business forward in a positive way both from a financial and productivity point .It appears that they are getting to grip with hat RR has been missing fir a few years
Peakdread your points are all valid and credible but these things take time and whilst obviously good Tufan and his team will continue to pay down debt keep the business with good cash flow and hopefully buy back some of the company shares and only then I’m sure he will be looking at Dividends , the markets like to see good organised leadership and sustainability and that is what RR will get from Tufan ,so I’m sure your points will come to fruition
Thriller buying shares and keeping hold of them is Investing ,going in the bookies is gambling ,there is a difference. ! Anyway you carry on with your strategy as I’ve seen people lie you have this approach for decades good luck
Thriller you sound like a gambler ,once you’re happy with a figure then. Sell that’s what investing is all about Discipline and having a balanced approach otherwise it’s the same old comment ,I should have done that ? You need to be disciplined not Greedy !
Hi Carrington hope you are both well ,Yes we did and yet there are still lots on here who don’t get the strategy of Tufan mate ,always wanting everything too quickly anyway onwards. and upwards good luck my friend ,we have been here years not months 😀
Exactly right Debt comes before any Dividends too many people on here don’t understand the business ,Tufan has addressed the issue fi4 RR which includes making money from selling engines as well as profit from care packages but the main issue paying down Debt ,the markets like to hear this along with good cash flow and he has delivered on all 3 of the above .This is about moving the business forward with good potential for the future.Tufan is an experienced businessman and he looks at the future not like. a lot on here who are only looking short term ,I know who I have my portfolio and trust in and it isn’t all of these SP forecasters on here ,Go Tufan